Harvest Midstream to Acquire Four Corners Assets from Williams Partners
Harvest Midstream Company, an affiliate of Hilcorp Energy Company, announced the acquisition of the Four Corners Area assets from Williams Partners for $1.125 billion. The system encompasses more than 3,700 miles of pipeline.
TX-HARVEST-MIDSTREAM
Harvest Midstream Company, an affiliate of Hilcorp Energy Company, announced the acquisition of the Four Corners Area assets from Williams Partners for $1.125 billion.
The system encompasses more than 3,700 miles of pipeline, two gas processing plants, and one CO2 treating facility in the counties of San Juan and Rio Arriba, N.M. and La Plata, Colo. It has an inlet gathering capacity of 1.8 Bcf/d of gas.
“This is an important investment for Harvest and part of our continued commitment to the Four Corners region,” said Jason Rebrook, CEO of Harvest Midstream Company.
The parties to this transaction expect to complete the sale of these assets within the next few months pending various regulatory approvals.